In reaction to the deepening economic crisis; "senior living" advisors and the companies that provide independent living, assisted living, continuing care retirement communities and skilled nursing care have begun actively offering "Funding Solutions" programs to seniors and their families. Deep losses in the value of homes and investment portfolios, as well as the decline of long term care insurance companies, have had a very painful impact on people preparing to enter the stage of life where living at home alone is no longer a viable option. Making this move is difficult both emotionally and financially-and the difficulty has been made much greater over the last year.
What was once an area largely left up to the individual to figure out on their own, has now become a critical area for support and action by senior living companies and advisors. The range of financial services include: life insurance settlements, bridge loans, VA benefits, real estate programs, and other innovative ways to help people bridge possible financial gaps preventing them from accessing the housing and care that they most need.
With the economy continuing its downward climb for possibly years to come, it is important to see the kind of action being taken by the industry charged with caring for our nation's elderly to put information and financial tools into the hands of the people that need it most. To learn more visit the Life Care Funding Group web site or call 888-670-7773
No comments:
Post a Comment